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$875,000

18 2nd Ave Paterson City, NJ 07524

6 beds
4 full
0.1 acres
Multi-Family

Property details

About 18 2nd Ave

Prime Investment Opportunity in Paterson!Welcome to 18-20 2nd Ave ? a spacious 2-family property with strong income potential. Situated on a double lot, this property offers the unique opportunity to subdivide the second lot for future development or expansion. Both units feature generous layouts, perfect for maximizing rental income. Whether you're a seasoned investor or just starting out, this is a rare chance to own in a high-demand rental area with room to grow.

Highlights

Home typeMulti Family
HeatingMulti Unit(s), Natural Gas
StatusActive
CoolingMulti Unit(s)
BasementYes
Lot size0.11 Acres
Year built1991
Parking1 Car Width, Detached Garage
MLS #3966076
Garage2 spaces

Summary

  • Full Bathrooms: 4
  • Basement: Yes
  • Interior: Carbon Monoxide Detector, Smoke Detector, Wood Floors
  • Total Bedroom Count: 6
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: 1 Car Width, Detached Garage
  • Exterior: Barbeque, Sidewalk
  • Architectural Style: 3-Three Story
  • Heating: Multi Unit(s), Natural Gas
  • Cooling: Multi Unit(s)
  • List Price: $875,000
  • Directions: River St to 2nd Ave
  • Year Built: 1991
  • Lot Size: 0.11 Acres
  • MLS Number: 3966076
  • Office Name: REALTY ONE GROUP PRODIGY
  • Office Phone: (973) 661-1719

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Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/21/2025, 11:45:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

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Nearby schools

7

Westmoreland Elementary School

Public District PK-5

0.8 mi

16-50 Parmelee Ave

8

Forrest Elementary School

Public District KG-5

1.0 mi

10-00 Hopper Ave

4

Washington Elementary School

Public District KG-5

1.1 mi

176 Mohawk Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $43,438. Most Paterson City, NJ residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

40%
<35k
45%
35k-100k
13%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

32%
Single, No Kids
24%
Single, with Kids
16%
Married, No Kids
28%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
9%
12-17 yrs old
28%
18-34 yrs old
36%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Foot LockerFoot Locker
  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • White CastleWhite Castle
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • DodgeDodge
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 18 2nd Ave

The listing price of 18 2nd Ave property is $875,000.

The property 18 2nd Ave is a multi located in Paterson City, New Jersey, 07524.

Active Listing: 18 2nd Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 18 2nd Ave are: Westmoreland Elementary School (GreatSchools Rating 7/10), Forrest Elementary School (GreatSchools Rating 8/10), Washington Elementary School (GreatSchools Rating 4/10), School 18 (GreatSchools Rating 2/10), Memorial Middle School (GreatSchools Rating 6/10), Lincoln Middle School (GreatSchools Rating 4/10), Hawthorne High School (GreatSchools Rating 3/10), Rosa L. Parks School of Fine and Performing Arts (GreatSchools Rating 1/10), Fair Lawn High School (GreatSchools Rating 7/10).

The year of construction for 18 2nd Ave is 1991.

This home is located at 18 2nd Ave in Paterson City, NJ and zip code 07524 in the 3rd Ward neighborhood. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 5, 2025 and is currently priced at $875,000.

The number of listings in Paterson City, NJ increased by 25.9% between May and June 2025. Listings spent 80 days on the market in June 2025, and had a median list price of $499,900 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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